SQUAWK BOX, MONDAY 27TH JULY, 2020

Second wave caution… The UK sparks travel chaos with an overnight decision to reinstate quarantine measures against travellers from Spain. Madrid, airlines and travel operators hit out at the move. Gold hits a record high on the back of heightened U.S.-China tensions as authorities take over Washington’s consulate in the south-western city of Chengdu. In the U.S., Republican lawmakers reportedly agree on the next Coronavirus relief bill which would commit to direct cash payments as well as 70 per cent furlough measures. And in corporate news, German software giant SAP is planning to float consumer monitor firm Qualtrics, just two years after purchasing it for $8bn.